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Updated Feb 23, 2021 | 23:16 IST
Acquisition with Discover Tech, Launched Appnext platform with handset manufacturers, telecom operators to help customise customer’s journey. The main aim is to create deeper customer engagement. Representational Image
The main aim is to create deeper customer engagement
The acquisition with Discover Tech, gives the company competitive advantage with deeper focus on emerging markets
The company foresees consistent top line growth anchoring on massive consumer trend of digital adoption.
Affle India in an exclusive interview with ET NOW shares various insights about its acquisition of business assets of Discover Tech Ltd. Affle India is a global consumer platform business essentially delivering touchpoints through the entire consumer journey.
Auto stocks: Stocks of auto companies will be in focus after the government approved a policy to scrap more than 15-year-old vehicles owned by government departments and PSUs. The same will come into effect from April 2022.
GAIL: The firm plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru ahead of a proposed splitting of the pipeline business from the gas marketing function, according to a PTI report.
ICICI Securities: The firm reported a profit of Rs 267 crore in Q3FY21 against Rs 137.2 crore in Q3FY20. Revenue jumped to Rs 620.11 crore from Rs 422.24 crore YoY.
Affle India announced that the company through its wholly-owned step down subsidiary Affle MEA FZ-LLC (AMEA) (subsidiary of Affle International) has entered into a definitive Business Transfer Agreement
to acquire the Business Assets of Discover Tech (registered in Israel).
As part of the deal, Business Assets including the technology platform, brand name, intellectual property rights, business
relationships and technical information of Discover Tech will be acquired by AMEA.
Discover Tech is an Out of Box Experience
(OOBE) mobile device marketing platform
providing a major consumer touchpoint in the
mobile device lifecycle through Initial Device
Customization (dynamic app discovery and
recommendation at initial boot or reset of a
Key barometers continued extended losses and hit fresh intraday low in afternoon trade. The Nifty hovered above 14,000 level. Barring the Nifty FMCG index, all the sectoral indices on the NSE declined.
At 13:20 IST, the barometer index, the S&P BSE Sensex, tumbled 638.85 points or 1.32% at 47,708.74. The Nifty 50 index lost 178.05 points or 1.25% at 14,060.85.
The broader indices declined lesser than the benchmarks. The S&P BSE Mid-Cap index fell 0.96%. The S&P BSE Small-Cap index slipped 0.32%.
Sellers outnumbered buyers. On the BSE, 1,059 shares rose and 1,718 shares fell. A total of 146 shares were unchanged. In Nifty 50 index, 15 stocks advanced while 35 stocks declined.
Foreign portfolio investors (FPIs) sold shares worth Rs 765.30 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 387.76 crore in the Indian equity market on 25 January 2021, provisional data showed.